Augusta Point

Key facts from Augusta Point's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Preamble and Art. I, Sec. 2)

Legal name

Augusta Point

Units / lots

To be determined; lots will be platted by Declarant (Art. I, Sec. 3 (Designation of Lots))

Developer / declarant

Geosam Capital US (Atlanta), LP, a Delaware limited partnership (Preface)

Governing law

Not subject to Georgia Condominium Act (O.C.G.A. 44-3-70 et seq.) or Georgia Property Owners Association Act (O.C.G.A. 44-3-220 et seq.) (Preamble (page 6))

Assessments & dues

Set by Board annually per budget, subject to membership disapproval (Art. IV, Sec. 3)

Special assessments

Allowed by Board; no membership vote required until after Conversion Date; before Conversion Date, Declarant consent required (Art. IV, Sec. 4)

Collections & liens

Assessments are a lien on the lot, superior to all except ad valorem taxes and first mortgages; foreclosure after 10 days notice (Art. IV, Sec. 6 and Sec. 7)

Reserves & fees

Required after Declarant control ends; Board to prepare annual capital reserve budget (Art. IV, Sec. 10)

Pets

Probably allowed (Art. XII, Sec. 9 'Animals and Pets' - text not extracted) (Table of Contents)

Leasing & rentals

Implied (tenants mentioned in Art. V, Sec. 2) (Art. V, Sec. 2)

Parking & vehicles

Regulated (per Table of Contents, Art. XII, Sec. 15 - text not extracted) (Table of Contents)

Fences

Regulated (per Table of Contents, Art. XII, Sec. 21 - text not extracted) (Table of Contents)

Architectural approval

Yes, Design Review Board (DRB) must approve improvements (Art. XI)

Signs & flags

Regulated (per Table of Contents, Art. XII, Sec. 7 - text not extracted) (Table of Contents (page 2))

Maintenance

Association responsible for Common Area; Owners responsible for their Lots (Art. VII, Sec. 1 and 2)

Use restrictions

All lots restricted exclusively to single-family residential use (Art. II, Sec. 1)

Amendments

Per Article XIV, Section 4 (text not extracted) (Table of Contents)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.